In this blog post about the “Dil foods Company Profile,” we’ll dive into the fascinating growth of Dil Foods and discuss its financial parameters.
You’ll learn all about the company, including the background of its owner, details about the investors, and insights into the company’s net worth, funding, and revenue. Plus, we’ll share the exciting story of Dil Foods pitch on Shark Tank India Season 3.
Join us as we explore the vibrant Bangalore new food startup in India, where an innovative startup is breathing new life into the country’s favorite foods.
Dil Se food: Introduction to the Bangalore Startup
Table of Contents
- 1 Dil Se food: Introduction to the Bangalore Startup
- 2 Which legal entities is Dil foods associated with?
- 3 Dil foods founder-Arpita Aditi
- 4 Dil foods Net Worth:
- 5 Dil foods Investors:
- 6 Dil foods funding:
- 7 Dil foods Revenue:
- 8 Dil foods competitors:
- 9 Dil foods valuation:
- 10 Dil foods founder Arpita Aditi Net Worth :
- 11 Dil foods Turnover:
- 12 Dil foods sales:
- 13 Dil foods Business model:
- 14 Dil se Foods Shark Tank:India:Season 3
- 15 FAQ question related to Dil foods company Profile
Dil Se food also known by the name Dil food is a Bangalore startup brand that Started in 2022 . Their main objective is to create a restaurant ecosystem, and sell Indian Dishes by other restaurant partners by making full use of there resources with less expanse.
The Vision behind starting this company was very simple if we talk about India current status among 10 restaurant 5 of them closes at first year of its operation while remaining 3-4 of the restaurants closes after 5 years of operation.the company founder saw a great opportunity and started working at that issue from 2022.
What Dil foods company do in India?
Dil Foods functions as a virtual kitchen, collaborating with over 65 local restaurants in Bangalore and Hyderabad. Through their innovative business model, Dil Brands, they focus on developing virtual brands and managing daily meal operations to streamline and enhance the food business structure.
In the next part of the Dil Foods company profile, we will primarily focus on the legal entities associated with Dil Foods.
Which legal entities is Dil foods associated with?
Currently Dil foods is associated with only one legal entity called “NUTNBOLT BUSINESS SOLUTION PRIVATE LIMITED” which was incorporated in date May 27,2020.
Here’s the information formatted into a table:
| Legal Entity Name | Date of Incorporation | Revenue (as on Mar 31, 2023) | Net Profit (as on Mar 31, 2023) |
|---|---|---|---|
| NUTNBOLT BUSINESS SOLUTION PRIVATE LIMITED | May 27, 2020 | $71M | -$6.4M |
Now, let’s move on to the next topic in the “Dil Foods Company Profile,” where we will primarily focus on the visionary behind the creation of this company: the founder and owner of Dil Foods.
Dil foods founder-Arpita Aditi
Arpita Aditi is the visionary founder of the remarkable company “Dil Foods.” Her unwavering dedication to the services provided to their partnered restaurants has propelled the company to extraordinary heights.
Arpita Aditi Age:
Born in 1992, Arpita Aditi has packed a wealth of experience into her 32 years. Despite her relatively young age, she’s already made her mark at 5-6 different companies, showcasing an impressive trajectory of growth and adaptability in a short span.
Arpita Aditi Biography:
Arpita Aditi, born in 1995, is a dynamic woman entrepreneur and the founder of “Dil Foods.” At 29, she has already worked in 5-6 different companies, accumulating a wealth of experience. Her career began as a corporate employee, where she gained six years of valuable experience.
In 2019, Arpita launched her first company, “Nutnbolt Business Solution.” This venture allowed her to tackle significant business challenges. However, after understanding the broader implications, she made the bold decision to close Nutnbolt in February 2022.
Undeterred, Arpita founded “Dil Foods,” an innovative venture aimed at empowering restaurant partners. By providing an ecosystem to generate incremental revenue, she exemplifies resilience and visionary leadership in the competitive business world.
Arpita Aditi Qualification:
Arpita Aditi earned her Biotechnology Engineering degree from the Manipal Institute of Technology between 2010 and 2014. She then began her corporate career as a “Corporate Sales Manager” at Reliance General Insurance, marking the start of her dynamic journey in the business world.
Arpita Aditi Shark Tank:
Arpita Aditi appeared on Shark Tank Season 3 in 2024, impressing all the sharks with her presentation and strong financials. With 2 years and 5 months of running her company, she showcased her entrepreneurial success.
If you’re curious about the owner’s background in education and their journey before founding Dil Foods company, I recommend visiting her LinkedIn profile. You’ll find valuable insights into their educational background, professional experience, and the path that led them to establish Dil Foods.
Now, let’s move on to the next topic in the Dil Foods company profile, where we will primarily discuss one of the most important financial metrics of the company: the net worth of Dil Foods.
Dil foods Net Worth:
As per the latest update from The Economic Times published on Mar 31, 2024, the net worth of Dil Foods Company is expected to be somewhere around $9027 K Which is roughly equal to Rs 75 Crore in INR.
This marks a significant increase compared to the previous update published on March 31, 2023, just after the end of the financial year 2022-2023, where the company’s net worth was only $78800, approximately equal to Rs 65 lakhs.
The appetite for fast food restaurants is insatiable, yet it’s a harsh reality that out of 100 new restaurants that launch each year, 90% shutter within their first year, and the remaining 10% fold within five years.
This underscores the crucial need for a company like Dil Foods, which is poised to capitalize on this demand. As a result, we can anticipate exponential growth in the company’s net worth in the near future.
Having said that the Net Worth of the any company depends on various factors some of the factors are:-
- Complete information about Dil foods Investors and Investment they have made in the company.
- Total funding Dil foods have raised till now.
- Dil foods total Revenue for each financial year.
- Competitors of Dil foods.
- Valuation of the company.
- Dil foods founder “Arpita aditi” net worth and more
Let’s dive deeper into the “Dil foods Company Profile” and explore the essential financial aspects that shape its net worth and other financial factors.So,Let’s go and discuss them one by one.
Dil foods Investors:
In the seed funding round conducted on July 27, 2023, Dil Foods secured two prominent lead investors: V3 Ventures and Mount Judi Ventures.
The second funding round was an angel round conducted in Season 3 of Shark Tank, where Mount Judi Ventures, Peyush Bansal, Radhika Gupta, and Ritesh Agarwal has Invested in Dil foods.
Dil foods Investment:
The company received a total investment of Rs 2 Crore for 2.67% equity during a round conducted on India’s top business show, Shark Tank.
Now let’s move on to the other financial parameter in “Dil foods Company Profile” which has a huge impact on the the net worth and other financial parameters as well like revenue,turnover,valuation and sales of a company.
Dil foods funding:
Till now, Dil Foods has conducted three funding rounds: two seed rounds and one angel round. The total funding raised in the seed rounds, conducted on July 27, 2023, and June 4, 2022, sums up to $2.13 million, equivalent to ₹17 crore.
In the most recent angel round conducted in 2024 on one of India’s most loved business shows, Shark Tank, Dil Foods raised approximately ₹2 crore for 2.67% equity, with four investors contributing to the funding.
| Year Funding | Funding Amount | Round Name | Investors |
|---|---|---|---|
| Year 2022-2023 | $2.13 M | Seed | V3 Ventures, Mount Judi Ventures, and 2 more |
| Year 2024 | $239 K | Angel | Mount Judi Ventures, Peyush Bansal, Radhika Gupta, and Ritesh Agarwal |
Moving on to another topic in the “Dil Foods Company Profile,” the revenue of Dil Foods acts as the company’s fuel. If the revenue decreases, it adversely affects other financial parameters such as turnover, valuation, and sales.
Dil foods Revenue:
Dil Foods has reported a total revenue of Rs 7 Crore with a total burn rate of roughly Rs 1 Crore for the financial year 2022-2023.
Going on to the current financial year 2023-2024 the company was able to generate a revenue of Rs 13.16 Crore in revenue till now and they are expecting to achieve a revenue of Rs 30 Crore by the end of financial year 2024-2025.
Let’s move on to the next financial parameter in the “Dil Foods Company Profile.” This parameter not only directly affects the company’s net worth but also impacts its overall market size: competitors.
Dil foods competitors:
Dil Foods has a total of 14 competitors and among them it ranks 6 th. 6 of its competitors are well funded , Dil Foods along with its competitors have raised a total funding of $119M in funding across 27 funding rounds with involvement of roughly 237 investors .
- EatClub
- Bigspoon
- Ghost Kitchens
- Hygiene Big Bite
- Kouzina Food Tech
- Cocreate Cloud Kitchen
- Naaniz
- HotBox Cloud Kitchen
- Emperica Foods
- Ishta Cloud Kitchen
Among this top 10 competitors of Dil Foods these three competitors has the largest market cap in this sector
- EatClub
- Bigspoon
- Ghost Kitchens
Now that we have completed the competitors part of the blog in the “Dil Foods Company Profile,” let’s move on to our next financial topic: the valuation of the company. This section will discuss how the valuation helps in determining the actual value of the company.
Dil foods valuation:
Currently, as of 2024, Dil Foods is valued at ₹75 crore. The visionary founder, Arpita Aditi, aims to transform Dil Foods into a unicorn company, targeting an impressive valuation of ₹7500 crore within the next five years.
Here’s the updated valuation table up to the year 2024:
| Year | Date | Valuation | Amount Raised |
|---|---|---|---|
| 2022 | April | 14 Crore | 1 Crore |
| 2022 | September 22 | 40 Crore | 0.4 Crore |
| 2022 | September 22 | 40 Crore | 0.4 Crore |
| 2023 | July | 75 Crore | 15.5 Crore |
| 2024 | November (Expected) | 75 Crore | – |
Now that we have completed the Valuation part of the blog in the “Dil Foods Company Profile,” let’s move on to our next financial topic: the founder net worth of the company. This section will be discuss on the founder net worth of Dil foods.
Dil foods founder Arpita Aditi Net Worth :
While the founder’s net worth doesn’t directly influence metrics like net worth or valuation, it’s pivotal for the company’s financial standing. A higher net worth of founder often correlates with a higher company valuation, underscoring its significance in determining overall financial health.
Based on the recent news published in this year 2024 the net worth of the founder of Dil Foods is estimated to be Rs 75 Crore which is same as the net worth of the company and is definitely going to increase to Rs 100 Crore by the end of financial year 2024-2025.
Lets continue the blog and move to the next topic of the blog in “Dil foods company Profile” where we will be talking about the turnover that Dil foods company is making
Dil foods Turnover:
Currently, Dil Foods is bubbling with success, generating a turnover of roughly Rupees (Rs) 13.16 crore for the last financial year, 2023-2024.
If we talk about the last financial year 2022-2023, Dil Foods generated a turnover of Rs 7 crore with a burn rate of Rs 1 crore.
But hold on, the company’s revenue is growing exponentially year on year, leading to a rapid increase in the turnover of the company.
Now let’s move on to the last part of the blog in the “Dil Foods Company Profile,” where we will primarily focus on the sales the company is generating. This could be the deciding factor in determining the company’s growth.
Dil foods sales:
As of 2024, Nuutjob is consistently generating sales between Rs 10-15 Crore, which is impressive for a startup that began just two years ago in 2022.
Dil Foods has reported a total Sales of Rs 7 Crore with a total burn rate of roughly Rs 1 Crore for the financial year 2022-2023.
In the current financial year 2023-2024,Dil Foods has generated Rs 13.16 Crore in sales so far. They are expecting to achieve a revenue of Rs 30 Crore by the end of the financial year 2024-2025.
Now, let’s transition to the next part of the blog, where we’ll explore one of the most critical factors affecting the overall growth of the company: the business model adopted by Dil Foods.
Dil foods Business model:
Currently, Dil foods under a B2B business model, offering an online franchise of “Dil Foods” to their restaurant partners. They drive sales to these restaurants and earn commissions through these sales. As a result, the company has achieved an overall sales figure of Rs 13.16 Crore in the financial year 2023-2024.
Before we wrap up this blog post on the “Dil foods Company overview” let’s dive into the exciting journey and key events that unfolded during their appearance on Shark Tank. I’ve detailed all the pivotal moments and how the company successfully secured its funding. So, let’s get started.
Dil se Foods Shark Tank:India:Season 3
Dil Foods created quite a buzz when it made its thrilling debut on Shark Tank Season 3, which kicked off in February 2024. Founder Arpita Aditi stepped onto the stage with a bold vision: to secure an angel round of funding. Her ask? Rs 50 Lakhs for just a 0.5% equity stake in her company.
Now lets move on to the nest part of Dil foods journey in shark tank where we will be discussing in depth about the pitch.
Dil foods Shark Tank Pitch:
Arpita Aditi began her pitch by introducing herself and her company. She laid out her clear ask right from the start: Rs 50 Lakhs for a 0.5% equity stake in her company, Dil Foods.
As the pitch progressed, the focus shifted to the financials of the company. The sharks delved into details like sales figures, net profit margins, unit economics, gross revenue, and more. Their thorough questioning showcased their interest in providing funding to the company.
By the end of the pitch, each and every shark was keenly interested in providing funding to Dil Foods. We’ll delve into this exciting part of Dil Foods’ journey in the final segment of their Shark Tank adventure.
Dil foods Shark Tank Funding:
In Shark Tank, Dil Foods successfully secured funding of Rs 2 Crore for a 2.67% equity stake in the company. This was achieved through a combined offer from four sharks: Mount Judi Ventures, Peyush Bansal, Radhika Gupta, and Ritesh Agarwal.
Each shark contributed Rs 50 Lakhs for a 0.6% equity stake in the company, collectively reaching the total investment amount.
What is dil foods net worth?
Based on the Last update and news the current net worth of Dil Foods is estimated to be $ 9027 k which is equal to Rs 75 Crore
What is dil foods funding in India?
In India Dil foods has raised a total funding of $2.13 Million which is equal to Rs 17 Crore.
What is dil foods investors in India?
Up till now 6 investors has invested in the company among them the most recent investor being Mount Judi Ventures, Peyush Bansal, Radhika Gupta, Revant Bhate, and Ritesh Agarwal.
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